Category:

Eco/Invest/Demography

IRDAI forms panel to suggest ways to insure drone technology

Among other issues,the committee will make recommendations relating to design and development of product/s meeting the needs of RPAS owners and operators, including Third Party Liability,make recommendations relating to underwriting of such risks including the re-insurance perspective and examine any other relevant matter relating to the subject.

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SoftBank-backed Lemonade plans to raise up to $286 million in IPO

The company, which started in New York in late 2016, is part of a growing number of young companies looking to shake up the insurance sector through a better use of technology.

The company says it has digitized the entire insurance process, replacing brokers and paperwork with algorithms and providing policies in as little as 90 seconds and claim payments in three minutes.

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IRDAI asks insurance industry to guard against large-scale phishing attack campaign against Indian individuals and businesses

Any unusual activity or attack should be reported immediately to cert-in at incident@cert-in.org.inin the format prescribed by Cert-In  (https://www.cert-in.org.in/PDF/certinirform.pdf)under intimation to IRDAI at infosec@irdai.gov.in.

The IRDAI has further said it has been brought to the notice of the authority that a website using domain name- www.irdaionline.org.in is advertising to the general public on sale of insurance and exams conducted by IRDAI. This domain name is not authorized by the authority.

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Maharashtra bans guru’s ‘spurious’ coronavirus treatment

Earlier yesterday, Ramdev had launched Coronil and Swasari as Ayurvedic cure for Covid-19, stressing that the medicines had been tested in “a clinical case study and clinical controlled trial”, which found that “69 percent patients recovered in three days and 100 % patients recovered within seven days” of the treatment.

Hours after its launch, India’s federal government asked Patanjali to provide details about Coronil, trials and sample size and asked the company to stop advertising the product until it had been approved.

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